Madison City Schools Budget. FY 2019 Proposed Budget 2nd Public Hearing September 6, 2018

Transcription

1 Madison City Schools 2019 Budget FY 2019 Proposed Budget 2nd Public Hearing September 6, 2018

2 Empowering Students for Global Success 2

3 Budget Process Student Enrollment Teachers Support (Personnel, Technology, Materials, Operations, etc.) Basis of Budgeting All anticipated revenues from State, Federal and Local sources are included Conservative revenue estimates have been used on local sources Madison City Schools Budget Objectives Maintain pupil/teacher ratios Control expenses Identify/Justify Requirements Maintain adequate fund reserves 3

4 Budget Hearings State Requirements Hold two public hearings; During regular Board meetings; Conduct at convenient time and place; Publicize date and time of hearings Purpose of Hearings Enhance Planning Process Accountability/Transparency Inform Community Provide a Forum for Public Input Foster Public Support for School System 4

5 Progression of Madison City School s Budget 2000 s Future 5

6 Historical look at MCS Student Population DMS Reno LMS Addition RES and CES Reno Pre-K Center James Clemens High School Transportation Facility Mill Creek Elementary West Madison Reno Madison Reno BJHS Renovation Stadium Central Office Madison Renovation Heritage School District Started Rainbow Elementary West Madison Renovation Columbia Elementary Bob Jones Renovation The significant growth of students in the past 20 years has caused us to max out our debt borrowing until

7 Madison City $10,679 (Rank 57) State Average $10,473 Min $7,494 Max $14,944 7

8 We receive below average in State and Federal We receive above average in local 8

9 9

10 We are above average in: Instruction and Debt We are below average in: Operations and Admin 10

11 Historical Pupil Teacher Ratio 11

12 Class size Class size 14 Class size 15 Class size 16 Our Current Standings Class size 17 12

13 Budget Highlights State Funding Highlights: Includes a 2.5% raise for employees Increased enrollment by to 10, Funded teaching units increased by to Foundation Allocation increased $3,827,368 to $60,396,902 Local Funding Highlights: 6 th Grade move to Middle School Locally funding teacher units ($2,775,000) Unfunded portion of State raise $2,500,000 Average local revenue growth projected at 4.0% 13

14 Enrollment by School School 2019 State Funded Enrollment 2019 As of 8/31/2018 Difference Bob Jones 1,777 1, James Clemens 1,909 1, Discovery 1,233 1,224 (9) Liberty 1,349 1, Heritage (18) Rainbow (35) Columbia Horizon Madison Mill Creek West Madison Central Office Total 10,595 11, *Enrollment figures do not include Pre-K 14

15 Madison City Schools Budget EXHIBIT B-I-A GOVERNMENTAL FIDUCIARY FUND TYPES SPECIAL DEBT CAPITAL EXPENDABLE TOTAL DESCRIPTION GENERAL REVENUE SERVICE PROJECTS TRUST (Memo Only) REVENUES STATE REVENUES 58,661, ,500, ,817, , ,370, FEDERAL REVENUES 350, ,673, ,023, LOCAL REVENUES 32,675, ,312, ,344, ,011, ,343, OTHER REVENUES 263, , , TOTAL REVENUES 91,950, ,596, ,162, , ,011, ,111, EXPENDITURES: INSTRUCTIONAL SERVICES 54,753, ,250, , ,669, INSTRUCTIONAL SUPPORT SERVICES 15,858, ,809, , ,579, OPERATIONS & MAINTENANCE 8,459, , , ,194, AUXILIARY SERVICES 3,640, ,766, , ,489, GENERAL ADMINISTRATIVE SERVICES 3,341, , ,392, CAPITAL OUTLAY DEBT SERVICES ,970, ,970, OTHER EXPENDITURES 1,655, ,219, , ,003, TOTAL EXPENDITURES 87,708, ,805, ,970, ,816, ,300, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 307, ,559, ,152, , ,087, OTHER FUND USES 4,833, ,665, ,693, , , ,780, TOTAL OTHER FUND SOURCES (USES) (4,525,773.26) 1,893, ,459, (342,576.66) (176,932.00) 307, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES (283,560.56) 684, , , , ,118, BEGINNING FUND BALANCE - OCT 1 12,288, ,780, ,296, ,097, , ,312, ENDING FUND BALANCE - SEP 30 12,005, ,465, ,946, ,146, , ,431,

16 Total Budgeted Revenues FUND TYPES TOTAL DESCRIPTION REVENUES STATE REVENUES 66,370, FEDERAL REVENUES 6,023, LOCAL REVENUES 46,343, OTHER REVENUES 373, TOTAL REVENUES 119,111, EXPENDITURES: INSTRUCTIONAL SERVICES 63,669, INSTRUCTIONAL SUPPORT SERVICES 20,579, OPERATIONS & MAINTENANCE 9,194, AUXILIARY SERVICES 9,489, GENERAL ADMINISTRATIVE SERVICES 3,392, CAPITAL OUTLAY 0.00 DEBT SERVICES 8,970, OTHER EXPENDITURES 3,003, TOTAL EXPENDITURES 118,300, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 10,087, OTHER FUND USES 9,780, TOTAL OTHER FUND SOURCES (USES) 307, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 1,118, BEGINNING FUND BALANCE - OCT 1 41,312, ENDING FUND BALANCE - SEP 30 42,431, Sales and property tax, school raised funds 16

17 Total Budgeted Expenses FUND TYPES TOTAL DESCRIPTION REVENUES STATE REVENUES 66,370, FEDERAL REVENUES 6,023, LOCAL REVENUES 46,343, OTHER REVENUES 373, TOTAL REVENUES 119,111, EXPENDITURES: INSTRUCTIONAL SERVICES 63,669, INSTRUCTIONAL SUPPORT SERVICES 20,579, OPERATIONS & MAINTENANCE 9,194, AUXILIARY SERVICES 9,489, GENERAL ADMINISTRATIVE SERVICES 3,392, CAPITAL OUTLAY 0.00 DEBT SERVICES 8,970, OTHER EXPENDITURES 3,003, TOTAL EXPENDITURES 118,300, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 10,087, OTHER FUND USES 9,780, TOTAL OTHER FUND SOURCES (USES) 307, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 1,118, BEGINNING FUND BALANCE - OCT 1 41,312, ENDING FUND BALANCE - SEP 30 42,431,

18 General Fund Revenues FUND TYPES DESCRIPTION GENERAL REVENUES STATE REVENUES 58,661, FEDERAL REVENUES 350, LOCAL REVENUES 32,675, OTHER REVENUES 263, TOTAL REVENUES 91,950, EXPENDITURES: INSTRUCTIONAL SERVICES 54,753, INSTRUCTIONAL SUPPORT SERVICES 15,858, OPERATIONS & MAINTENANCE 8,459, AUXILIARY SERVICES 3,640, GENERAL ADMINISTRATIVE SERVICES 3,341, CAPITAL OUTLAY 0.00 DEBT SERVICES 0.00 OTHER EXPENDITURES 1,655, TOTAL EXPENDITURES 87,708, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 307, OTHER FUND USES 4,833, TOTAL OTHER FUND SOURCES (USES) (4,525,773.26) EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES (283,560.56) BEGINNING FUND BALANCE - OCT 1 12,288, ENDING FUND BALANCE - SEP 30 12,005, Ending Fund Balance equates to 47 Operating Days 18

19 General Fund Local Revenues Revenue 2019 Budget Amount % of Change One-Half Cent Sales Tax $ 5,001, % One Cent Sales Tax $ 4,446, % 4.0 Mill District Ad. Val. Tax $ 2,522, % 5.5 Mill County-Wide Ad Val. Tax $ 4,869, % 6.5 Mill District Ad. Val. Tax $ 4,106, % 10.5 Mill District Ad. Val. Tax $ 1,013, % 11 Mill City Ad Val. Tax $ 7,972, % 9 Mill Ad Val. Triana $ 149, % TVA In Lieu $ 1,646, % Other $ 946, % GENERAL FUND TOTAL $ 32,675, % *Madison City One Half Cent Sales Tax $ 3,338, % *Revenue is recorded in Debt Service Fund 19

20 General Fund Expenditures FUND TYPES DESCRIPTION GENERAL REVENUES STATE REVENUES 58,661, FEDERAL REVENUES 350, LOCAL REVENUES 32,675, OTHER REVENUES 263, TOTAL REVENUES 91,950, EXPENDITURES: INSTRUCTIONAL SERVICES 54,753, INSTRUCTIONAL SUPPORT SERVICES 15,858, OPERATIONS & MAINTENANCE 8,459, AUXILIARY SERVICES 3,640, GENERAL ADMINISTRATIVE SERVICES 3,341, CAPITAL OUTLAY 0.00 DEBT SERVICES 0.00 OTHER EXPENDITURES 1,655, TOTAL EXPENDITURES 87,708, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 307, OTHER FUND USES 4,833, TOTAL OTHER FUND SOURCES (USES) (4,525,773.26) EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES (283,560.56) BEGINNING FUND BALANCE - OCT 1 12,288, ENDING FUND BALANCE - SEP 30 12,005,046.77

21 A Breakdown of General Fund Expenses Total Revenues: $ 92,258,673 Total Expenses: Percent of Budget Instructional Employees $ 51,802,755 56% Instructional Materials and Supplies $ 2,951,191 3% Instructional Support $ 15,858,135 17% 76% spent on Instruction Operations and Support $ 8,459,371 9% Transportation $ 3,640,986 4% Administration $ 3,341,034 4% Debt $ 3,116,504 3% Pre-K $ 2,023,028 2% Lunchroom Transfer $ 1,349,230 2% TOTAL EXPENSES $ 92,542,233 AMOUNT OF REVENUE REMAINING $ (283,560) 21

22 Instruction $54,753,946 Direct Classroom Expenditures Teacher Salaries Teacher Aides Salaries Major Budget Items Salaries & Fringes $51,802,755 Materials & Supplies, Textbooks and Equipment $1,224,872 Purchased Services $1,726,319 22

23 Instructional Support $15,858,135 Counseling Services Library Services Technology Services School Administration Services Health Services Instructional Resource Staff Development Major Budget Items Salaries and Fringes $14,586,138 Materials& Supplies, Textbooks and Equipment $401,339 Purchased Services $870,658 23

24 Operations & Maintenance $8,459,371 Major Budget Items Salaries & Fringes $3,328,657 Utilities $2,603,829 Maintenance Supplies & Equipment $ 626,800 Purchased Services $1,900,085 24

25 Transportation $3,640, Bus Routes Funding- State $ 2,864,738 Local $ 776,248 Major Budget Items Salaries & Fringes $ 2,876,796 Fuel, Equipment, Supplies and Other Services $764,190 25

26 General Administrative $3,341,034 Board of Education Training Superintendent & Administrative Staff Business/Finance Personnel Department Purchased Services (Legal, Insurance, Auditing) 26

27 Other Programs $6,488,761 Pre-School $ 1,655,216 Other $ 367,811 Transfers to Other Programs Child Nutrition Program $ 1,349,230 Debt Service $ 3,116,504 27

28 Special Revenue Budget REVENUES FUND TYPES DESCRIPTION SPECIAL REVENUE STATE REVENUES 4,500, FEDERAL REVENUES 5,673, LOCAL REVENUES 8,312, OTHER REVENUES 109, TOTAL REVENUES 18,596, EXPENDITURES: INSTRUCTIONAL SERVICES 8,250, INSTRUCTIONAL SUPPORT SERVICES 3,809, OPERATIONS & MAINTENANCE 707, AUXILIARY SERVICES 5,766, GENERAL ADMINISTRATIVE SERVICES 51, CAPITAL OUTLAY 0.00 DEBT SERVICES 0.00 OTHER EXPENDITURES 1,219, TOTAL EXPENDITURES 19,805, Special revenue funds included in the budget are comprised of federal funds that have specific guidelines and limitations on the expenditure of these funds. Local school public funds are also included in this group. Listed below are the primary programs for FY OTHER FUND SOURCES (USES): OTHER FUND SOURCES 3,559, OTHER FUND USES 1,665, TOTAL OTHER FUND SOURCES (USES) 1,893, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 684, BEGINNING FUND BALANCE - OCT 1 6,780, ENDING FUND BALANCE - SEP 30 7,465,175.72

29 ACCESS Distance Learning Revenues $4,500, Expenditures Salaries and Fringes $1,584,685 ACCESS Teacher Pay $2,400,000 Software, Materials, Travel $ 207,455 29

30 IDEA-B Special Education $ 1,931,861 Salaries and Fringes $ 1,931,861 Staff Summary Teacher Units 2 Pre-School Teacher Aides 3 Speech Pathologists 13 Mini Bus Aides 30

31 Child Nutrition Program Revenue $ 5,684,338 USDA $ 1,622,017 Sales and Commissions $ 2,592,100 Transfers from General Fund $ 1,349,230 Other $ 120,991 31

32 Child Nutrition Program Expenditures $5,625,629 Labor $2,405,938 Food $2,166,500 Operations & Maintenance $ 408,915 Indirect Cost $ 276,816 Other $ 367,460 32

33 Title I $ 716,635 Personnel Adm. Unit.15 Teacher Units 2.20 Support Units 2.20 Salaries/fringes(Includes Tutors) $ 571,048 Instructional Materials $ 145,587 33

34 FUND TYPES DEBT DESCRIPTION SERVICE REVENUES STATE REVENUES 2,817, FEDERAL REVENUES 0.00 LOCAL REVENUES 3,344, OTHER REVENUES 0.00 TOTAL REVENUES 6,162, EXPENDITURES: INSTRUCTIONAL SERVICES 0.00 INSTRUCTIONAL SUPPORT SERVICES 0.00 OPERATIONS & MAINTENANCE 0.00 AUXILIARY SERVICES 0.00 GENERAL ADMINISTRATIVE SERVICES 0.00 CAPITAL OUTLAY 0.00 DEBT SERVICES 8,970, OTHER EXPENDITURES 0.00 TOTAL EXPENDITURES 8,970, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 6,152, OTHER FUND USES 2,693, TOTAL OTHER FUND SOURCES (USES) 3,459, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 650, BEGINNING FUND BALANCE - OCT 1 19,296, ENDING FUND BALANCE - SEPT 30 19,946, Debt Service Fund This fund reflects the annual debt payment (principal and interest) of the Madison City Board of Education on its outstanding debt as of October 1, Madison City Schools Total Debt is $156,260,416 34

35 Debt Service Fund Annual Debt Payment Over Time Fiscal Year Total ,846, ,892, ,917, ,906, ,908, ,796, ,694, ,616, ,585, ,130, ,181, ,638, ,649, ,648, ,639, ,716, ,697, ,698, ,697, ,700, ,696, $1,500,000 Reduction $900,000 Reduction TOTAL 156,260,

36 Debt Service Fund-Declining Principal Balance Fiscal Year Principal Balance ,153, ,329, ,325, ,168, ,885, ,442, ,950, ,399, ,760, ,975, ,267, ,233, ,492, ,516, ,316, ,905, ,185, ,300, ,245, ,015, ,600,

37 FUND TYPES DESCRIPTION Capital Projects Budget CAPITAL PROJECTS REVENUES STATE REVENUES 390, FEDERAL REVENUES 0.00 LOCAL REVENUES 0.00 OTHER REVENUES 0.00 TOTAL REVENUES 390, EXPENDITURES: INSTRUCTIONAL SERVICES 0.00 INSTRUCTIONAL SUPPORT SERVICES 0.00 OPERATIONS & MAINTENANCE 0.00 AUXILIARY SERVICES 0.00 GENERAL ADMINISTRATIVE SERVICES 0.00 CAPITAL OUTLAY 0.00 DEBT SERVICES 0.00 OTHER EXPENDITURES 0.00 TOTAL EXPENDITURES 0.00 OTHER FUND SOURCES (USES): OTHER FUND SOURCES 0.00 OTHER FUND USES 342, TOTAL OTHER FUND SOURCES (USES) (342,576.66) This fund is used to acquire or construct major capital needs such as facilities and renovations on existing buildings. Breakdown of funds Capital Improvements 987,619 Instructional Technology 862,000 EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 48, Transportation 248,089 Total 2,097,708 BEGINNING FUND BALANCE - OCT 1 2,097, ENDING FUND BALANCE - SEPT 30 2,146,

38 Expendable Trust/Fiduciary FIDUCIARY FUND TYPES EXPENDABLE DESCRIPTION TRUST REVENUES STATE REVENUES 0.00 FEDERAL REVENUES 0.00 LOCAL REVENUES 2,011, OTHER REVENUES 0.00 TOTAL REVENUES 2,011, EXPENDITURES: INSTRUCTIONAL SERVICES 664, INSTRUCTIONAL SUPPORT SERVICES 911, OPERATIONS & MAINTENANCE 28, AUXILIARY SERVICES 82, GENERAL ADMINISTRATIVE SERVICES 0.00 CAPITAL OUTLAY 0.00 DEBT SERVICES 0.00 OTHER EXPENDITURES 129, TOTAL EXPENDITURES 1,816, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 68, OTHER FUND USES 244, TOTAL OTHER FUND SOURCES (USES) (176,932.00) EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 18, BEGINNING FUND BALANCE - OCT 1 849, This fund is used to account for assets held by the school system in a trustee capacity for private organizations. This fund is made up of Local School Non- Public accounts. Listed below are the budgeted expenditures for each school. Bob Jones High School 896,408 James Clemens High School 1,045,462 Liberty Middle School 117,575 Discovery Middle School 1,600 Total 2,061,045 ENDING FUND BALANCE - SEPT ,

39 FY 2019 Proposed Budget 2nd Public Hearing September 6, 2018 Questions? 39